1、 Price trend

Taking the sulfuric acid method for producing pyrite type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Shengyi Society, the price of titanium dioxide in the domestic market increased in March. On March 1st, the average price of titanium dioxide was 15240 yuan/ton, and on March 28th, the average price of titanium dioxide was 15340 yuan/ton, with a price increase of 0.66%.
2、 Market analysis
The domestic titanium dioxide market price rose in March. The titanium dioxide market remained stable in the first half of the year. In the middle of the month, the price of raw material sulfuric acid rose, and titanium concentrate consolidated at a high level, putting pressure on factories. The market price of titanium dioxide powder is approaching high-end prices. In the latter half of the year, titanium dioxide companies sent a letter to raise prices, marking the third increase this year. However, downstream demand fell short of expectations and the acceptance of a new round of price increases was low. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 15000-16200 yuan/ton; Sharp titanium type costs around 13200-13400 yuan/ton; The actual transaction price is negotiable.
In terms of titanium concentrate, the price of raw material titanium concentrate first rose and then fell in March. At present, downstream titanium dioxide enterprises face significant cost pressure and severe price suppression, resulting in reduced procurement of titanium ore and a focus on essential purchases. Traders have the possibility to sell at low prices, while large factories have low inventory and stable inquiries, resulting in prices remaining firm. As of now, the price of 38-42 grade titanium ore without tax is around 1450-1480 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2130-2150 yuan/ton, and the price of 47 grade 20 titanium concentrate without tax is around 2200-2280 yuan/ton. It is expected that in the short term, the mainstream titanium ore prices in the Panxi region will be mainly strong.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that the domestic titanium dioxide market prices have risen this month. The cost of raw materials is under pressure, and at the end of the month, the company sent another letter to raise the price of titanium dioxide. Overall, the titanium dioxide market is relatively stagnant, and it is expected that the price of titanium dioxide will remain strong in the short term. The actual transaction price is subject to negotiation.